Economy & Finance

Futures Storm Higher Into Record Territory On Now Daily Ceasefire Hopium Stocks are pushing higher again on the same old regurgitated news: namely speculation that a deal to end the war between the US and Iran is getting closer, the same exact “speculation” that has pushed the Nasdaq higher for what will now be 13 days in a […]

Oil Plunges As Iran ‘Completely Opens’ Hormuz, US Reportedly ‘Mulls’ $20BN Cash-For-Nukes Deal Summary Iran’s Aragchi says “Strait of Hormuz is declared completely open“ US mulls cash-for-uranium deal as ‘three-page’ MOU peace plan takes shape Peace talks reportedly on Sunday in Islamabad Odds of a permanent peace deal by the end of the ceasefire are

Critical Shortage Of Jet Fuel: EU Airlines Have Just 6 Weeks Supply Left Via Remix News, The European market is facing a critical shortage of kerosene, with only six weeks of supply remaining, and the war in Iran is threatening the continent with a major aviation crisis. Since the war broke out, jet fuel prices

Madison Air Pulls Off Biggest U.S. Industrial IPO Since 1999 As Data Center Cooling Theme Heats Up Madison Air Solutions surged 18% in its IPO on Thursday after raising $2.23 billion, pulling off the largest U.S. industrial IPO in nearly three decades. Shares closed at $31.75, signaling strong investor appetite for an industrial name tied

Aluminum Market Descends Into Supply ‘Black Hole’ Aluminum prices on the London Metal Exchange are climbing into the end of the week, reaching $3,621 a ton and approaching the peak seen during Russia’s 2022 invasion of Ukraine. The problem now is that the aluminum market has been thrust into a serious supply shock amid the

A Model For Europe? Switzerland Moves To Strengthen Country Against Foreign Property Owners And Migration Via Remix News, Foreign property owners will see their access to Swiss housing significantly reduced, as the Federal Council has decided to require authorization for their purchases. With foreigners accounting for more and more real estate transactions in the Western

World’s First Six-Gen Bomber Completes Aerial Refueling Test Flight Northrop Grumman released new images of its B-21 Raider stealth bomber performing “more advanced stages of flight test” and “aerial refueling.” Northrop Grumman’s B-21 Raider continues to demonstrate outstanding performance as the program moves into more advanced phases flight test, including aerial refueling. (Photo Credit: U.S.

Norway’s Oil Export Earnings Surge 68% Amid Iran War Authored by Alex Komani via OilPrice.com, Norway’s crude oil export earnings surged 67.9% year-on-year in March to a record 57.4 billion kroner ($6.1 billion), primarily driven by soaring global energy prices following the outbreak of the Iran war and the subsequent closure of the Strait of Hormuz. Oil

Gulf War Leaves $58 Billion Repair Bill And Global Equipment Crunch Last week, JPMorgan – which correctly noted that headlines tend to focus on the fact of damage not the scale – was the first itemize the damage from the war in Iran, finding more than 60 energy infrastructure assets in the Gulf have been affected

Germany’s Anti-Immigration AfD Party Jumps To 27%, 4 Points Ahead Of CDU Via Remix News, In a new poll from YouGov, the Alternative for Germany (AfD0 party jumped to 27 percent, now four points ahead of the rival Christian Democrats (CDU), in a sign that the AfD continues to distance itself as the most popular